XRP Will 'Succeed or Fail', Cryptocurrency Analyst Reveals

According to cryptocurrency analyst Crypto Bitlord, XRP, currently trading at $2.99, has the potential to reach $5 by December 25. On X, the analyst suggests that XRP is at a "decisive price". He stated, "If XRP falls below that level, XRP could return to $2, but if the upward momentum persists, it could reach $5 by Christmas 2025," Bitlord added.

Analysts Reveal New Price Target for XRP At the time of the press report, XRP had a market capitalization of $178.7 billion. Trading volume has fallen nearly 25% to $4.67 billion in the past 24 hours, although this token has recovered after a sharp drop earlier in the week. According to the data, XRP is fluctuating in the price range of 2.90 to 3.00 dollars, a level that traders consider to be a critical support zone for success or failure. At the same time, Ali Martinez pointed out that the technical setup of XRP highlighted a descending triangle pattern on the 12-hour chart. Martinez believes that if XRP breaks through the resistance level, the next target could be $3.60. Martinez's analysis suggests that XRP's recent upward momentum could continue in the short term if the buyers remain in control.

This coincides with the positive increase surrounding Ripple and the company's institutional relationships, along with greater regulatory clarity in Europe recently. Ripple Partners With BBVA On September 9, Ripple announced a new partnership with BBVA, one of the largest banks in Spain, to integrate Ripple Custody into its digital asset services. This partnership will also enable BBVA customers to access Bitcoin and Ether trading and custody services, while providing industry-leading Ripple technology to ensure compliance with the upcoming EU MiCA framework. Ripple also provides custody technology for Garanti BBVA in Turkey and BBVA Switzerland. Ripple's executives stated that this agreement reflects the growing demand for bank-grade cryptocurrency solutions in Europe, while BBVA emphasized its focus on maintaining safe, comprehensive custody of crypto assets.